Aptos is now the 31st biggest crypto token in terms of market capitalization, with a trading price of $6.20; according to several reports, the sudden momentum in the prices of market cap has been fueled by the recent S-1 filing by Bitwise with the Securities and Exchange Commission of the United States.
The assets manager, Bitwise, has filed the S-1 form with U.S. regulators to list Aptos spot exchange-traded funds in the nation.
Bitwise’s filing pulled Aptos above 50 days EMA
In the past 24 hours, Aptos’s price has succeeded in beating its initial exponential moving average, and in the weekly frame, its prices have been up by 4.92%.
As of writing, the market capitalization was $3.65 billion with a massive addition of 14% intraday and has grown 5.43% in a week.
According to data from TradingView, the market capitalization of Aptos is bullish in a short trading frame, yet it has been down by 48% in a quarter and has fallen more than 23% since the beginning of 2025.
The volume of Aptos grew 40% and is now at $408.34 million, but it is still below the 200-day exponential moving average. As per market experts, the U.S SEC is expected to recognize APT spot ETF by the end of this year, but comparatively, Litecoin, Dogecoin, and Solana ETF are expected to get approval before 2025 end.
Over the past few weeks, Aptos has enjoyed tremendous growth in prices, majorly fueled by the application filing of APT spot ETF by some known asset managers.
DefiLlama data notes that the total value locked is $1.017 billion, the stablecoin’s market capitalization over the APT chain is $833.26 million, and the app revenue in the past 24 hours is $6,081.
In terms of TVL over the Aptos chain, Aries Market is a leader with $332.27 million total locked value, followed by Echo Protocol with $234.08 million, Amnis Finance has $208.18 million, and Echelon Market has $158.74 million TVL.
On-chain data states that the volume of Aptos has been in trouble since the last week of 2024, and to date, it has continued to decline.
What dragged the crypto market cap above $3 trillion?
Until publishing, the crypto market capitalization was $3.1 trillion, with an addition of 4.18%, and the market volume fell around 16.98%, reaching $121.12 billion.
Bitcoin price is above the $90k mark, exchanging hands at $91,741 with an intraday growth of 4.99% and adding 6.26%.
Market observers state several reasons behind the bullish momentum, but the primary one is the delay of automobile tariffs in Canada, Mexico, and China. However, all tariffs have been implemented immediately.
